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No Strings Attached

Behavioral Economics and Decision MakingBehavioral Economics and Decision Making

Author:
Subject:
Business
Institution Name:
P2PU
Collection:
Peer 2 Peer University
Grade Level:
Post-secondary
Abstract:

Have you ever wondered if people are *really* rational? For the last hundred years economic theory has been built on the underlying assumption that people are rational. The field of behavioral economics and decision making both challenge this fundamental assumption by showing in a variety context, people's judgments are not rational. In this brief six week course, we will go through an overview of some of the main points in the field exploring things like prospect theory, the endowment effect, hyperbolic discounting, priming, moral decision making, nonconscious priming, among a variety of other topics.

Material Type:
Discussion Forums, Full Course, Homework and Assignments, Video Lectures
Media Format:
Text/HTML, Downloadable docs, Video
Conditions of Use:
Creative Commons Attribution 3.0
Creative Commons Attribution 3.0

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